Zacks Investment Research upgraded shares of Kyocera (OTCMKTS:KYOCY) from a sell rating to a hold rating in a research report released on Wednesday.
According to Zacks, “Kyocera Corporation was founded in 1959 as a company specializing in the production of fine ceramic components, Kyocera has expanded its business by effectively developing and applying its ceramics technologies. The company has grown to be a world-leading manufacturer of ceramics, including custom parts and consumer products. Kyocera’s materials, components, and finished products are used in virtually all fields of industry. In addition to ceramics, products also include information, tele-communications, and Optical equipment. “
Separately, ValuEngine downgraded Kyocera from a buy rating to a hold rating in a report on Thursday, October 11th.
KYOCY stock opened at $50.78 on Wednesday. The stock has a market capitalization of $19.30 billion, a P/E ratio of 25.26 and a beta of 0.92. Kyocera has a 1-year low of $49.83 and a 1-year high of $69.98.
Kyocera Company Profile
Kyocera Corporation develops, produces, and distributes ceramic and electronic components, and telecommunications and information equipment worldwide. Its Industrial & Automotive Components Group segment offers fine ceramic components, automotive components, liquid crystal displays, and industrial tools to industrial machinery, automotive, general industrial, and construction markets.
See Also: Return on Investment (ROI) Defined, Explained
Get a free copy of the Zacks research report on Kyocera (KYOCY)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Kyocera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kyocera and related companies with MarketBeat.com's FREE daily email newsletter.